Kuru or Trading going on chain?

The Project is undoubtedly going to have a significant influence; ever since @cryptunez mentioned @KuruExchange two months ago, I’ve wanted to learn more. I therefore took some extra time to conduct in-depth research when I actually created another art work for Kuru today, and the results were so fantastic that I decided to create a thread about it.

The first CLOB to be fully on-chain, Kuru With an orderbook that is entirely on-chain, it aims to bridge the gap between centralized and decentralized exchanges. Slippage, self-custody, and composability — which will be superior than any previously offered — will be advantageous to users.

Okay, now what is CLOB? CLOBs outperform AMMs by allowing market makers to actively quote liquidity, providing users with better prices and lesser slippage prices and lower slippage.

If CLOBs are so problem-solving, why haven’t I seen any CLOB DEXs yet? For an orderbook to function properly, the underlying blockchain must have fast block times and reasonable gas fees. Today’s EVM chains are typically too slow, expensive, or both. Monad aims for a TPS of ~10,000 and a 1 second block finality. This will result in much cheaper transaction costs and faster block times than existing EVM chains.

Creating spreads like this for Ask and Bid is very simple in @binanceor any other CEX, but doing or implementing them is almost impossible in any virtual machine till date. @monad_xyz, the brainchild of @keoneHD, is going to change the future of defi and gaming all together. Since I mentioned gaming, we’ll create a thread where we can discuss what gaming revolution Monad is planning to bring to the crypto universe.

There are few secondary research from the citations utilized. https://medium.com/@Vrch

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